Thursday, November 18, 2010

Abraham Lincoln Presidential Dollar Rolls

The US Mint will begin sales of the Abraham Lincoln Presidential Dollar numismatic rolls today November 18, 2010 at 12:00 Noon ET. Featuring one of the most well known Presidents, the current release should attract more attention than this year's earlier releases.The obverse of the Abraham Lincoln Dollar features his portrait as designed and sculpted by Don Everhart. Surrounding inscriptions indicate "Abraham Lincoln", "In God We Trust", "16th President", and "1861-1865". The reverse of the coin, also designed and sculpted by Everhart, features an image of the Statue of Liberty common to all issues of the series. Inscriptions include "United States of America" and the denomination "$1". The edge of the coin includes the motto "E Pluribus Unum", the date, and the mint mark.

The US Mint is offering 25-coin rolls of the Abraham Lincoln Presidential Dollar from either the Philadelphia or Denver mint. Coins are packaged in specially designed wrappers featuring the US Mint logo, President's name, mint of origin, and face value of the contents. Each roll is priced at $35.95 plus shipping and handling.

Numismatic products featuring Lincoln have typically been strong sellers for the US Mint. Last year, the 2009 Abraham Lincoln Commemorative Silver Dollars and Lincoln Coin and Chronicles Set were quick sell outs. The 2009 "Birthplace" Lincoln Cent Two Rolls Set was an unexpected quick sell out, despite the high premium to face value.

Of these products, only two will contain stated product limits, while the remaining products are unspecified or open ended. The Mary Todd Lincoln First Spouse Gold Coins have a limit of 20,000 across both options. The 2010 Abraham Lincoln Presidential $1 Coin Cover would also have a limit, although it has not been specified yet. Other releases of the series for this year have been limited to 32,000 units.

Tomorrow, November 19, 2010 at 10:00 AM ET, the official launch ceremony for the Abraham Lincoln Presidential Dollar will be held. This will coincide with the 147th anniversary of the delivery of the Gettysburg Address. The ceremony will take place at President Lincoln's cottage on the grounds of the Armed Forces Retirement Home in Washington, D.C.

14 Comments:

I'm definitely going to get the $1 coins from my bank to add to my collection. Though I am no longer opting to purchase the high price sets from the Mint.I'll probably just get the dollar coins and skip everything else.

Only looking forward to foreign issues now . US mint Is offering a grande massa de mierda! I doubt the mint will be able to deliver on the ATB silver 3oz at all. Nothing precious here folks. I wonder if the silver proof issuez might be a sign of more severe stress on the silver market underneath.

I love that notation on the Mint's website about the anticipated high demand for the proof silver eagles. They're apologizing in advance for the website's poor performance in times of high traffic. I think it would be funny if it didn't happen this time! Of course it will, even though it won't be necessary to order in the first hour to ensure you get the coin. I'll bet there will be more than a million of them available. Why go through that aggravation for a product with no stated limit?

Any word on whether or not the Lincoln dollar coins will be available at the Mint's kiosk at Union Station or the kiosk at the Mint's business office in D.C.? The Lincoln cents were offered at the two D.C. locations last year so I thought it might be possible the Lincoln dollars would be offered there as well. Any word on that would be appreciated. Thanks.

I have not heard anything about roll exchanges at these locations, however they should be stocked in the US Mint's coin vending machines. One is located near the sales counter at the US Mint headquarters in Washington DC.

The official roll exchange will take place following tomorrow's ceremony at Abraham Lincoln's cottage, also in DC.

I am extremely curious and optimistic. I am hoping the Abraham Lincoln Dollar will be added to the $1 Coin Direct Ship Program. Does anyone have any information regarding to whether the Lincoln dollar will be offered in the direct ship program in the future? Thanks!!

Why do you need to wait for the direct ship program to get rolls of these coins? My local bank has tons in their vault, and I'm sure yours probably does too. Just ask them and you can probably get as many as you want right now.